https://www.taxtmi.com/caselaws?id=753770 CESTAT Allahabad allowed appellant's appeal regarding interest on deposited amount during investigation. The tribunal set aside Commissioner (Appeals) order denying interest on Rs.18,07,914 deposited by appellant. CESTAT directed Adjudicating Authority to grant 12% per annum interest from deposit date until grant date, payable within 90 days. Tribunal held deposited amount during investigation entitled to refund with interest, distinguishing it from duty or interest payments. en-us Fri, 07 Jun 2024 00:00:00 +0530 Mon, 10 Jun 2024 07:44:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753770 CESTAT Allahabad allowed appellant's appeal regarding interest on deposited amount during investigation. The tribunal set aside Commissioner (Appeals) order denying interest on Rs.18,07,914 deposited by appellant. CESTAT directed Adjudicating Authority to grant 12% per annum interest from deposit date until grant date, payable within 90 days. Tribunal held deposited amount during investigation entitled to refund with interest, distinguishing it from duty or interest payments. Case-Laws Central Excise Fri, 07 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753770